Thursday, August 7, 2008

Obama's Slide

I'm going to predict this right now: Obama's popularity will continue to slip. This "freshie" of a senator is someone that people know absolutely nothing about. People desperate for a change latch on to anybody, and this is the guy they got. Now, people are actually starting to get to know him, and he's slipping in the polls (he's at a statistical tie with John McCain), and the more people know, the more they will realize how radical some of his ideas are and reject him. I was very amused at his solution to gas prices: inflate your tires and get tune ups! According to him, if everybody did this, we'd save just as much energy as if we drilled. OK, so why not do BOTH? Think how low prices would be. His next solution? Tax oil companies' profits and give everyone 1000 bucks. So investors (me) can't reinvest as much of those profits, so oil companies don't expand as much and gas prices double next year. So how much is he going to give us next year? $2000? It would be a perpetuating cycle of "taxing oil more, giving more to you, and gas prices increasing. So in other words an Energy Social Security, which is funded by taxing oil companies that Obama/Democrats are trying to drive into the ground anyway. Oil companies are our best hope for exploring alternative energies once oil runs out. Because once Exxon/Mobile runs out of oil to sell, are they just going to sit back and die? NO! They'll be the ones to fund research and development of new energy so they can keep making money, and Obama wants to tax the bejezzus out of them and give us money for oil that will just shoot up in price as the taxes put on the companies are reflected in the price at the pump? No thanks.
74% of Americans support offshore drilling and 56% support ANWR drilling; Obama's tire pressure solution will not make more people vote for him. Enjoy your ride on the slide down, Senator.

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